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Business/Financial

TransDigm To Acquire Test And Instruments Company Raptor Scientific

By Cal Biesecker

Tuesday, May 28th, 2024

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TransDigm To Acquire Test And Instruments Company Raptor Scientific

F-16 avionics air data test system manufactured by Raptor Scientific. Photo: Raptor Scientific

TransDigm Group [TDG] on Tuesday said it has agreed to acquire Raptor Scientific, a manufacturer of proprietary test and instruments equipment for aerospace, defense, and other industries, from the private equity firm L Squared Capital Partners for $655 million in cash. Raptor Scientific, which has about 170 employees, is expected to generate about $90 million in sales this year. TransDigm said that Raptor’s products include “significant aftermarket content.” The transaction includes certain tax benefits, TransDigm said. The acquisition is subject…

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